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Peregrine Semiconductor, which has sold more than a billion high-frequency chips to the mobile industry in the past five years, raised $77 million in its IPO on Tuesday and saw its shares jump more than 10 percent in first-day trading.
Nearly two weeks after AuthenTec Inc. (Nasdaq: AUTH) advised the U.S. Securities and Exchange Commission it had agreed to be acquired by Apple (Nasdaq: AAPL), the world's most valuable technology company, for $350 million, Apple still hasn’t made an announcement nor filed its own SEC report.
Amazon.com Inc. (Nasdaq: AMZN), the No. 1 e-retailer, said it will start renting textbooks to college students for a semester. At the end of the term, they can ship books back for free.
China’s Lenovo Group (Pink: LNVGY), the No. 2 PC maker, introduced its lightest laptop, the 3-pound ThinkPad X1, its latest entrant in the ultralight market. The 14-inch laptop with battery life up to eight hours will be shipped later in August.
Facebook (Nasdaq: FB), the No. 1 social networking site, said it has started to offer UK users over 18 the chance to play online bingo and slots for cash. For now, the Menlo Park, Calif., company is barred from offering gambling in the U.S.
Presumptive Republican presidential nominee Mitt Romney has been winnowing his picks for vice president in private, with most handicappers suggesting nominees who’ve held public office. How about Margaret (Meg) Whitman, CEO of Hewlett-Packard Co.
Shares of Facebook (Nasdaq: FB) rose more nearly 4 percent Monday, closing at at $21.92, up 83 cents. But they’re still nearly 50 percent below the $38 set at their May 17 initial public offering.
Investors may not know that many of their technology companies played a huge part in the system design, software, features and functions of the Mars Science Laboratory. They include Intel Corp. (Nasdaq: INTC), Siemens Corp. (NYSE: SI) and General Dynamics Corp.
Internet users and investors were heartened last week when Yahoo, elected Marissa Mayer, 37, as its third CEO in less than a year. A hedge fund gets part of the credit, but not all hedge funds score as well in the tech sector: Remember Eastman Kodak?
Two months after the trading fiasco in the initial public offering of Facebook (Nasdaq: FB), the No. 1 social networking site, tech IPOs are soaring again. Palo Alto Networks (Nasdaq: PANW) and Kayak Software (Nasdaq: KYAK) shares soared in their IPOs.
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